Category: Industry

Explore updates on Industry real estate focusing on warehouses, logistics parks, and manufacturing hubs. Learn about infrastructure development, market demand, rental yields, and investment opportunities shaping this fast-growing segment.

IndustryLatest Stories

Revamping Maharashtra’s Housing Policy for Urban Growth

The Maharashtra government’s new housing policy aims to create a comprehensive statewide land bank of mapped, geo-tagged, and digitally linked government-owned plots. This initiative is anticipated to resolve existing supply issues and enhance the availability of affordable housing across various income brackets, positively impacting urban growth and infrastructure investment throughout the state. Included in this policy is the establishment of the State Housing Information Portal (SHIP), a centralized digital platform designed to consolidate information regarding housing demand, land availability, and project implementation. For the first time, input from municipal corporations, planning bodies such as the Maharashtra Housing and Area Development…

IndustryLatest Stories

Lucknow plans 300-acre logistics park, 15,000 Varun Vihar plots

LUCKNOW: The Lucknow Development Authority (LDA) is set to develop a 300-acre logistics park as part of the upcoming Varun Vihar scheme along the Agra expressway. This initiative will also include over 15,000 residential, commercial, and group housing plots, making it one of the state’s largest housing and infrastructure projects. During a site inspection on Wednesday, LDA Vice-Chairman Prathamesh Kumar urged officials to expedite land acquisition. He engaged with engineers, project officials, and farmers at the site office in Dona village. Kumar stated, “Varun Vihar is designed to provide homes for countless families while also generating new employment and investment…

IndustryLatest Stories

GST Council Approves Two-Tier Tax Structure Starting September 22

NEW DELHI: The GST Council has approved reductions in tax rates on commonly used items such as hair oil, corn flakes, televisions, and health and life insurance policies, marking a significant revamp of the Goods and Services Tax system. The new GST rates, effective from September 22, will reduce the current four tax slabs to just two: 5% and 18%. This change comes as India prepares for the start of Navaratri. This initiative aims to enhance domestic spending and mitigate the economic impact of US tariffs by significantly lowering tax rates on most personal use items. Following a lengthy GST…

IndustryLatest Stories

Greater Noida Authority Approves Co-Developers for 3 Stalled Projects

NOIDA: The Greater Noida Authority has granted preliminary approval to appoint co-developers for three housing projects that have been stalled for over ten years. During their meeting on July 28, the Greater Noida Authority board endorsed proposals from Sobha Ltd, Opaa Realty, and Swarnim Buildhome LLP to take over and complete the unfinished housing projects. Officials noted that Atlaspur Construction and Developers collaborated with Sobha Ltd for its Sector 1 project, while Parsvnath Developers suggested Opaa Realty for its Pi Sector project. Additionally, Aims Golf Town Developers requested Swarnim Buildhome LLP for its Sector 4 township. The proposals underwent a…

IndustryLatest Stories

Kartik Aaryan Invests in 2,000 Sq Ft Plot in Alibaug

Bollywood actor Kartik Aaryan has made his first investment in land by acquiring a 2,000 sq. ft. plot in a coastal development project in Alibaug, located near Mumbai, from The House of Abhinandan Lodha (HoABL). Launched in April 2023, the project has attracted contributions from corporate leaders, business figures, and celebrities. Aaryan is now among the prominent buyers in HoABL initiatives across Ayodhya, Vrindavan, and Goa, as stated by the company. “Alibaug has become a highly sought-after investment spot close to Mumbai, and I intend to build my own home there. This is my first land investment,” Kartik Aaryan remarked.…

IndustryLatest Stories

Arkade Developers Buys Woollen & Textile Industries

NEW DELHI: Arkade Developers has signed a memorandum of understanding (MoU) to acquire 100% shareholding in Woollen and Textile Industries. This marks the company’s second acquisition in Bhandup West, Mumbai. The deal involves a land parcel measuring 14,363.60 sq meters, with a total consideration of ₹148 crore. Published On Sep 3, 2025 at 02:30 PM IST Join a community of over 2 million industry professionals. Subscribe to our newsletter for the latest insights & analysis delivered to your inbox. Access all ETRealty industry updates right on your smartphone!

IndustryLatest Stories

Karnataka Housing Board: 772-Acre Project in Devanahalli

Representative AI image BENGALURU: The Karnataka Housing Board (KHB) has proposed a substantial 772-acre housing development near the Information Technology Investment Region (ITIR) in Devanahalli, in response to the growing residential demand stemming from rapid urbanization and industrial expansion in the area. KHB plans to provide residential plots and affordable housing, particularly targeting economically disadvantaged groups, along with essential infrastructure like roads, water supply, and sanitation services. However, the future of this initiative remains uncertain, following the government’s recent cancellation of the acquisition of 1,777 acres due to farmers’ protests over the loss of fertile farmland. Officials reported that KHB…

IndustryLatest Stories

Delhi’s Suniyo property tax scheme raises ₹304 crore in 3 months

NEW DELHI: In just three months, the Municipal Corporation of Delhi’s (MCD) Suniyo property tax amnesty scheme has garnered ₹304 crore—over three and a half times the revenue generated from the previous scheme. The Suniyo (Sampatti Kar Niptan Yojana), which will conclude on September 30, has seen a greater number of taxpayers. Data indicates that 102,142 individuals have utilized the Suniyo scheme thus far, compared to 38,805 participants from the Samriddhi scheme initiated in 2022-2023. The Suniyo scheme has outperformed the earlier Samriddhi scheme, which raised only ₹84.23 crore during the same period last year, as noted by an MCD…

IndustryLatest Stories

Maharashtra to Implement Favorable Real Estate Policies

NEW DELHI: Maharashtra is committed to developing infrastructure-related policies, including housing initiatives that adapt to evolving needs, as stated by Meghana Sakore Bordikar, Maharashtra’s Minister of State. She made these remarks during the Naredco 17th National Convention in Delhi. Niranjan Hiranandani, Chairman of Naredco, stressed that the housing and real estate sectors must expand at a minimum rate of 15% annually if India aims to achieve developed-nation status before the 2047 target year. Bordikar did not confirm any plans regarding the reduction of stamp duty in Maharashtra. She noted that while no immediate commitments can be made in that area,…

IndustryLatest Stories

Excel Infra to Invest ₹250 Crore on New Mumbai Project

NEW DELHI: Excel Infra Construction announced on Monday its plan to invest ₹250 crore in a new housing project in Mumbai. The company revealed that it has initiated a luxury residential project at Bandra Reclamation, backed by an investment of ₹252 crore. Funding will be sourced from a combination of equity and Alternative Investment Fund (AIF) structured as non-convertible debentures. Excel Infra anticipates a revenue of ₹400 crore from this initiative, which features a 33-storey residential tower comprising 96 units. The apartments in the ‘Bellissima’ project are priced at ₹51,500 per square foot. “With a strategically planned investment and the…